Get out of the committee, but Affordable Housing advocates say they arent giving up the fight. They are now considering a statewide ballot initiative. In san jose, devin fehely, kpix5. Thanks. Kpix5s da lin continues our coverage from alameda where one familys resident just skyrocketed from 1,500 a month to 3,500. Reporter allen, this is the condo right here. Surprisingly the tenant says hes actually okay with the 2,000 rent increase. He just asked the owner to spread out that increase over three years, which the owner says no and now the city of alameda is stepping in. Its a modest three bedroom condo on Bay Farm Island in alameda. Nick pevar, his wife and son have lived in the condo for seven years. Its insane. Reporter nick doesnt want to show his face but said his family is devastated by the 2,000 rent increase. My plans are destroyed. The financial situation is destroyed. Reporter his previous rent was 1,500 a month. The landlord increased it to 3,500 in december. I had to cancel
Nest executives. Plus, the perfect suit design for you. All that and more over the next hour. But first, headlines with cristina alesci. Nike posted its earnings after the close. The country the Company Firstquarter sales that dropped. They gained a percentage last quarter. Platforms allow dealers to get different prices on the same securities in a 40 trillion market, according to a person with direct knowledge. The sec wants to understand why brokers sometimes lock their rivals and clients from seeing some of their prices from municipal, corporate, and other bonds. Symantec has fired president and chief executive officer Steve Bennett and named board member Michael Brown to lead while the Company Seeks a replacement. Those are your top headlines. Thanks. Just about an hour ago, we got the results of the latest Bank Stress Test from the federal reserve. All but one of the 30 largest banks had enough capital to withstand a deep recession. The loner, the science bank bancorp. The science
All that and more over the next hour. But first, headlines with cristina alesci. Nike posted its earnings after the close. The country the Company Reported firstquarter sales that dropped. They gained a percentage last quarter. Bond trading platforms allow dealers to get different prices on the same securities in a 40 trillion market, according to a person with direct knowledge. The sec wants to understand why brokers sometimelock their rivals and clients from seeing some of their prices from municipal, corporate, and other bonds. Symantec has fired president and chief executive officer Steve Bennett and named board member Michael Brown to lead while the Company Seeks a replacement. Those are your top headlines. Thanks. Just about an hour ago, we got the results of the latest Bank Stress Test from the federal reserve. All but one of the 30 largest banks had enough capital to withstand a deep recession. The loner, the science bank corp. The bancorp. For more, im joined by frank keating,
President sits down with kim jongun. But on this day, Three Americans who were in prison in north korea yesterday are on the way home. And there is no nothing else to say except a good deal for america and great deal for these americans and good for you, mr. President , right . No question. They are flying as we speak with the Secretary Of State. Theres going to be an Arrival Ceremony sometime after the Early Morning hours. And the president said hes going to be there. He wants to celebrate this as an accomplishment and sit an accomplishment. And it does set the way for the summit. The president ruled out the dmz. He said its not going to be there. Singapore is the most likely site that will be announced. But no question, this is going to lead to, you know, a historic session between these two leaders, which i was skeptical was ever going to happen, when the president walked into that
briefing room and agreed to that. The outcome, though, is impossible to predict. The stakes are incred
Of these detainees. What do you know . Reporter thats right. Two pieces of significant breaking news broken by the president on twitter this morning. The president is really making this announcement weeks away from a potential meeting with kim jongun that would be historic in nature and he says this morning, i am please today inform you that the secretary of state mike pompeo is in the air and on his way back from north korea with the three wonderful gentlemen that everyone is looking so forward to meeting. They seem to be in good health. Also, good meeting with kim jongun, time and place set. Pompeo and his guests will be landing at 2 00 a. M. In the morning. I will be there to greet them. Very exciting. Now this development is really significant in part because the white house had been asked for quite some time what would it take to get the president in that room with kim jongun. The issue of the detainees had been hanging over the situation and last week we got the first indications